2-bed · 1,224 sqftClaren Tower 2 (Claren Tower B), Downtown Dubai · 3rd floor · completed 2012

307, Claren Tower 2 (Claren Tower B)

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 September 2019
Last soldAED 1.75M26 August 2013
Current rentAED 145K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Claren Tower 2 (Claren Tower B)

What is 307 worth today?

Last sold for AED 1,748,888 in 2013

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1 Sep 2019RentedRenewal
AED 145,000/yr12 months · AED 118 per sqft
1 Sep 2018RentedRenewal
AED 145,000/yr12 months · AED 118 per sqft
1 Sep 2017RentedRenewal
AED 145,000/yr12 months · AED 118 per sqft
1 Sep 2016RentedRenewal
AED 145,000/yr12 months · AED 118 per sqft
1 Sep 2015RentedNew contract
AED 135,000/yr12 months · AED 110 per sqft
26 Aug 2013Sold by developerReady
AED 1,748,888AED 1,428 per sqft

Source: Dubai Land Department. Updated 1 September 2019.

Key facts

Type
2-bed apartment
Size
1,224 sqft
Floor
3rd of 23
Parking
B1-1110
Developer
Emaar
Completed
2012
Service charge
AED 31,600 /yr
Last sold
AED 1.75M · August 2013

About 307, Claren Tower 2 (Claren Tower B)

307 is a two-bedroom apartment of 1,224 sqft on the 3rd floor of Claren Tower 2 (Claren Tower B), a 23-storey tower in Downtown Dubai completed in 2012 by Emaar. The developer sold it on 26 August 2013 for AED 1,748,888, or AED 1,428 per sqft, 10% above the AED 1,298 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 September 2019, is AED 145,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 31,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Claren Tower 2 (Claren Tower B)
2M3M2009201420192024Typical sale price by year: 2009 AED 2,949,388; 2010 AED 2,939,888; 2012 AED 1,686,888; 2013 AED 2,120,000; 2014 AED 2,935,388; 2015 AED 3,206,444; 2016 AED 2,500,000; 2019 AED 1,812,500; 2020 AED 1,500,000; 2022 AED 2,150,000; 2023 AED 2,250,000; 2024 AED 2,625,000; 2025 AED 3,430,000; 2026 AED 2,830,000Sold by developer, August 2013: AED 1,748,888 (AED 1,428 per sqft)

307 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 307, each contractTypical two-bed in Claren Tower 2 (Claren Tower B)
100K150K2013201720212025Typical rent by year: 2013 AED 132,500; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 151,800; 2018 AED 127,500; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 115,250; 2023 AED 140,000; 2024 AED 157,500; 2025 AED 165,000; 2026 AED 159,000New contract, September 2015: AED 135,000 a yearRenewal, September 2016: AED 145,000 a yearRenewal, September 2017: AED 145,000 a yearRenewal, September 2018: AED 145,000 a yearRenewal, September 2019: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Claren Tower 2 (Claren Tower B), and where 307 sits

All 61 2-beds →

307 last sold in August 2013 at AED 1,428 per sqft, 10% above what two-beds in Claren Tower 2 (Claren Tower B) were fetching at the time (AED 1,298). Over the last 12 months two-beds sold for AED 2,560,000 to 3,375,000, around AED 2,073 per sqft, and rent for AED 120,000 to 215,000 a year. 307's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,560,000
13 May 20263,375,000
21 Jan 20262,830,000
23 Sep 20253,430,000
3 2-bed sales in the last 12 months

Claren Tower 2 (Claren Tower B)

Building

155 apartments, studios to 3-bed over 23 floors in Downtown Dubai, completed in 2012 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,123
Typical sale
AED 1.8M
Typical rent
AED 110K /yr
Typical yield
6.1%
Claren Tower 2 (Claren Tower B), Downtown Dubai: prices, sales and rents →
Value
3011-bedAED 1.29M · Sep 2013
3021-bedAED 1.35M · Jan 2023
3031-bedAED 1.2M · Sep 2013
3041-bedAED 1.61M · Jan 2025
3052-bedAED 2.75M · Jun 2025
3061-bedAED 1.1M · Dec 2019

307, Claren Tower 2 (Claren Tower B) in numbers

  • Sold once: by Emaar on 26 August 2013 for AED 1,748,888, or AED 1,428 per sqft.
  • Rented since September 2015 on 5 Ejari contracts, from AED 135,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2013 price is 8.3%, before a service charge of about AED 31,600 a year (AED 25.85 per sqft).
  • Two-beds in Claren Tower 2 (Claren Tower B) sold for AED 2,560,000–3,375,000 in the 12 months to November 2026; the building's median across all types is AED 2,123 per sqft.

Source: Dubai Land Department. Updated 1 September 2019.

Questions about 307, Claren Tower 2 (Claren Tower B)

What did unit 307 last sell for?

AED 1,748,888 on 26 August 2013, sold by the developer: AED 1,428 per sqft for 1,224 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 145,000 a year on the contract renewed on 1 September 2019. The previous contract, from September 2018, was AED 145,000; the unit has been rented since September 2015.

How big is unit 307?

1,224 sqft (113.7 sqm): a two-bedroom apartment on the 3rd floor of a 23-storey tower completed in 2012.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Claren Tower 2 (Claren Tower B) sold for AED 2,560,000 to 3,375,000 in the last 12 months, around AED 2,073 per sqft.

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Mortgage on 307, Claren Tower 2 (Claren Tower B)

Starts from the last sale price (AED 1.75M, 26 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,748,888
Deposit, UAE resident (20%)
AED 349,778
Deposit, non-resident (40%)
AED 699,555
Monthly over 25 years at 3.7%
AED 7,155

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →